New Age Alpha Advisors LLC Has $2.17 Million Stock Holdings in PROG Holdings, Inc $PRG

Posted by on May 27th, 2026

New Age Alpha Advisors LLC increased its position in PROG Holdings, Inc (NYSE:PRG – Free Report) by 6,080.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 73,488 shares of the fintech holding company’s stock after purchasing an additional 72,299 shares during the quarter. New Age Alpha Advisors LLC’s holdings in PROG were worth $2,167,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. Allianz Asset Management GmbH grew its stake in shares of PROG by 18.9% in the 3rd quarter. Allianz Asset Management GmbH now owns 1,187,509 shares of the fintech holding company’s stock valued at $38,428,000 after buying an additional 188,835 shares during the period. LSV Asset Management grew its stake in shares of PROG by 37.7% in the 4th quarter. LSV Asset Management now owns 1,159,874 shares of the fintech holding company’s stock valued at $34,205,000 after buying an additional 317,600 shares during the period. UBS Group AG grew its stake in shares of PROG by 102.4% in the 3rd quarter. UBS Group AG now owns 823,663 shares of the fintech holding company’s stock valued at $26,654,000 after buying an additional 416,658 shares during the period. Ameriprise Financial Inc. grew its stake in shares of PROG by 1.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 756,270 shares of the fintech holding company’s stock valued at $24,473,000 after buying an additional 8,552 shares during the period. Finally, First Trust Advisors LP grew its stake in shares of PROG by 451.1% in the 3rd quarter. First Trust Advisors LP now owns 702,781 shares of the fintech holding company’s stock valued at $22,742,000 after buying an additional 575,255 shares during the period. 97.92% of the stock is currently owned by institutional investors and hedge funds.

PROG Price Performance

PRG stock opened at $35.03 on Wednesday. The company has a market capitalization of $1.40 billion, a P/E ratio of 9.57 and a beta of 1.83. The company has a debt-to-equity ratio of 1.21, a quick ratio of 2.41 and a current ratio of 4.27. PROG Holdings, Inc has a 52-week low of $25.80 and a 52-week high of $41.14. The business has a 50-day simple moving average of $31.32 and a two-hundred day simple moving average of $31.38.

PROG (NYSE:PRG – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The fintech holding company reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.46. The business had revenue of $742.67 million during the quarter, compared to the consensus estimate of $732.70 million. PROG had a return on equity of 21.94% and a net margin of 5.88%.The company’s quarterly revenue was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.90 EPS. PROG has set its Q2 2026 guidance at 1.050-1.050 EPS. Research analysts expect that PROG Holdings, Inc will post 4.7 EPS for the current fiscal year.

PROG Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Tuesday, May 19th will be given a dividend of $0.14 per share. The ex-dividend date of this dividend is Tuesday, May 19th. This represents a $0.56 annualized dividend and a dividend yield of 1.6%. PROG’s dividend payout ratio (DPR) is currently 15.30%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on PRG shares. Zacks Research upgraded PROG from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 19th. TD Cowen lifted their price target on PROG from $40.00 to $45.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. B. Riley Financial reiterated a “buy” rating on shares of PROG in a research note on Thursday, April 30th. Weiss Ratings downgraded PROG from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, May 13th. Finally, Raymond James Financial reiterated an “outperform” rating and set a $45.00 price target on shares of PROG in a research note on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, PROG has a consensus rating of “Moderate Buy” and a consensus target price of $43.70.

Check Out Our Latest Stock Analysis on PROG

About PROG

(Free Report)

PROG Holdings, Inc, formerly known as Aaron’s, is a North American provider of lease-to-own and consumer finance solutions. The company operates through two primary segments: Aaron’s Business Solutions and Progressive Financial Services. Through Aaron’s Business Solutions, PROG offers customers access to furniture, electronics, home appliances and technology products via lease ownership arrangements, serving both individual consumers and small businesses.

The Progressive Financial Services segment provides lease-purchase and retail point-of-sale financing programs to customers with limited credit histories.

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Institutional Ownership by Quarter for PROG (NYSE:PRG)

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